Google could very well buy SoundCloud for $500 million

It was Spotify last year, who decided not to go ahead and take over the streaming platform for $1 billion.

With the way things shifted in 2016, it's clear that the music world is set to undergo some major transitions this year. The first may be from Google, who is reportedly considering buying out SoundCloudfor $500 million.

Of course, it was Spotify last year, who decided not to go ahead and take over the streaming platform for $1 billion. But Google just might take the deal by cutting it in half.

Music Business Worldwide has reportedly acquired SoundCloud's latest financial report, confirming that Universal, Sony and Warner all own stakes in the company with Universal at 4%, Sony with 3% and Warner with 2 - which means they can walk away with a lot of money if the deal goes down.